Business Directories

Iraq wants BP for giant oilfield project

London, February 25, 2012

Baghdad is seeking to involve BP in a major project to revive Iraq's giant northern Kirkuk oilfield, which is suffering from massive declines in production, according to industry sources.

'We envisage BP doing something similar to Rumaila at Kirkuk,' said an Iraqi oil executive. He was referring to a $30 billion BP-operated project to develop Iraq's biggest oilfield, located in southern Iraq.-Reuters